9107 Spring Dawn St San Antonio, TX 78217

This 1977 built, 4 bed / 2 bath SFH in San Antonio, TX makes sense for any rental investor, even in today's changing real estate market. Prime location in San Antonio, and amazing equity built into the deal with low rehab.

Property is Vacant, contact Dispo Manager for lockbox info.

Deal Takeaways:

Roof 4 years old

Perfect opportunity for an easy low cost flip/BRRRR or a high cash flow rental

Located in a highly sought after neighborhood conveniently located near restaurants, shopping and airport. Meaning short time on market for any perspective flippers.

Financials:

ARV: $295,000

Purchase Price: $154,000

Profit Details:

$295,000 ARV

(*) 94% for sale commissions

(-) $154,000 purchase price

(-) $60,000 rehab budget

(-) $5,000 closing / holding cost

(=) $58,300 profit

Rental Profit Details:

$1,800 monthly market rents

(-) $112 monthly tax

(-) $110 monthly insurance

(-) $180 property management

(-) $180 allocation for repairs, vacancy, etc

(=) $1,218 net monthly cash flow

Property Details:

4 Beds / 2 Bath

1977 Year Build

1693 Home Square Feet

10,004 Lot Size

August 3rd, 2023 Closing

Vacant at close